Companion Diagnostics Market

Companion Diagnostics Market 2017 Industry Key Trends, Demand, Growth, Size, Review, Share,
Analysis to 2022
The Global Companion Diagnostics Market was worth USD 2,090.0 million in 2016 and estimated to be
growing at a CAGR of 22.34%, to reach USD 6,754.6 million by 2022.Companion diagnostics is labeled by
means of growing requirement for stepped forward personalized patient treatment that contributes
healthcare companies and their sufferers an assurance approximately the remedy bring about a fine
way, differing from traditional remedy procedure.
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Companion diagnostic are used to modify affected person non-public molecular profile which helps in
determining which therapy will work for the affected person. This diagnostic system requires a biopsied
tissue to touch the arrival of biomarker protein or mutant. Companion diagnostics are also used in drug
improvement manner by way of defining Companion biomarker that helps foresee probably reaction of
toxicity.
Key elements boosting the marketplace boom are growing adoption of companion diagnostic checks,
encouragement from regulatory our bodies and emerging advanced technology together with
subsequent-technology sequencing (NGS). To seizure this marketplace, pharmaceutical businesses are
stimulated to go into into the worldwide market thru strategic achievements and alliances with NGS
platform diagnostic corporations. Companion diagnostic marketplace growth is hampered due to loss of
professional specialists and lack of awareness.
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companion-diagnostics-market-640/request-sample
The worldwide scientific nutrition market is segmented on the premise of indication into Oncology
(Colorectal Cancer, Breast Cancer, Lung Cancer, Melanoma, and Gastric Cancer), Cardiovascular
Diseases, Central Nervous System Disorders, Inflammation and Virology Diseases. Further, Oncology is
sub-segmented as Colorectal Cancer, Breast Cancer, Lung Cancer, Melanoma, and Gastric Cancer.
Oncology being the highest revenue creating phase as most of the companion diagnostics has been
advanced to hit upon one or the alternative cancer biomarkers. On the idea of era, the market is
bifurcated into Immunohistochemistry and molecular diagnostics. Molecular diagnostics is segmented
into in-situ hybridization, real time PCR and gene sequencing.
Based on geography the market is analysed underneath diverse regions specifically, North America,
Latin America, Europe, Asia-Pacific and Middle-East & Africa. Due to technical advancement and massive
funding on research & development, North America is leading the companion diagnostic marketplace.
While Europe and Asia-Pacific are expected to grow at good sized boom price.
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diagnostics-market-640/inquire
Some of the key collaborating global gamers in accomplice diagnostics marketplace worldwide market
are Abbott Molecular Inc., Roche Molecular Systems Inc., Leica Biosystems Nussloch GmbH, bioMérieux
Inc., Dako Inc., Qiagen Ltd., ARUP Laboratories, Myriad Genetics Inc.,Biogenex Laboratories Inc.,
Ventana Medical Systems Inc., Thermo Fisher Scientific Inc. And others.
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market
potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market
dynamics and trends are discussed in detail at the product level. Further, the performance of the market
at the regional and country-level is assessed and the prospects with high growth potential are identified
and debated.
The key players in the industry are profiled providing insights on their financial performance, market
position and growth strategies. Comparative analysis on prime strategical activities of the market
players delineating the key developments like mergers & acquisitions, collaborations and an evaluation
of the competitive environment within the industry are provided. The report also offers a broad outlook
of the market along with recommendations from industry experts on the opportunities for investment
activity.
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The Global Companion Diagnostics Market was worth USD 2,090.0 million in 2016 and estimated to be growing at a CAGR of 22.34%, to reach USD 6,754.6 million by 2022.